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Curious about realistic expectations for outcome of a performing note. Example - A note modified a year ago to lower payment and get borrower making regular payments again. New 15 year amortization at 10% and approx 1...
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Hey everyone! I've been following bigger pockets since September '17, and I'm closing on my first 4-plex house-hack on Friday. Looking at the rent rolls, I believe that the rents are somewhat under-priced for my area;...
Hi. I am planning to buy a 5 bedroom single family house in Buffalo, NY for my daughter to live in. She will be there for another 5 years in a combined BA/masters program. She has 4 friends who want to live with he...
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Hi new to BP looking to invest in a single family home and curious to know the types of loan financing options, current interest rates and if there any home purchasing programs that will help investors.
I will be in...
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Good morning BP, Happy New Year! First off, let's address the elephant in the room. The Fed announced they are dropping interest rates four times throughout 2024. I feel as if, for the past year/year and a half everyo...
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Hello,If someone qualifies for the CalHFA mortgage loan. Should they go with the 6.25% and/or 6.625% mortgage rates they have advertised online? I am not sure the difference between the two rates on the program. Or ar...
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There is a lack of new housing nationally… and this will not be fixed by our government or anyone else anytime soon. FYI: the median cost of a house in the U.S. is currently $263,000http://www.politico.com/agenda/stor...
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Hey Y'all. I've been working hard to find the right investment property, and I think I have found the one at this point. It's not on the MLS - older gentleman is selling off his units. The cash flow is great. He is as...
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So I've been looking for deals in the Washington DC, Baltimore and Richmond VA area, and I've spoken with a half a dozen other investors nationwide, and the theme seems to be the same:NO ONE SEEMS TO BE FINDING ANY DE...
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Let me start by saying that with my self-directed IRA, I'd like to ultimately get into rentals and having the cash flow from them. I also would like to invest in mortgage notes. My issue at the moment is that I only h...